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Saudi PIF-led consortium completes $55 billion acquisition of Electronic Arts (EA), delisting company from Nasdaq
The consortium, which includes private equity firm Silver Lake and Jared Kushner's Affinity Partners, paid $210 in cash per share to EA shareholders. Saudi Arabia's Public Investment Fund (PIF) secured a $20 billion loan from JPMorgan to help fund the transaction, making it the biggest leveraged buyout on record.
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